Economy Shrinks By 6.2%, Worst In 25 Years
WASHINGTON — The economy is moving in reverse faster than the government can measure. The contraction for the fourth quarter of 2008 had been e...
WASHINGTON — The economy is moving in reverse faster than the government can measure. The contraction for the fourth quarter of 2008 had been e...
HuffingtonPost.com | Jason Linkins | Posted 03.02.2009 | Media
Well, you knew this was coming! From Lynn Sweet: I just chatted with Justin Herndon, one of the publicists who put together the media blitz for now ...
The Hill | Posted 03.02.2009 | Politics
The Congressional Black Caucus is lobbying President Barack Obama to pick African-American technology executive John Thompson to be his commerce secre...
HuffingtonPost.com | Sam Stein | Posted 03.01.2009 | Politics
UPDATE: February 12, 4:20 PM ET: Judd Gregg has withdrawn his nomination to serve Commerce Secretary. From his statement: I want to thank the Presid...
Mike Smith | Posted 02.12.2009 | World
Rep. Susan C. Schwab says that the electronics community and tech sector needs to be just as vocal as others who are protectionist. Trade agreements must benefit everyone.
Frances Beinecke | Posted 01.04.2009 | Green
As Secretary of Commerce, Bill Richardson can position the US as a leader on international ocean issues. He is a big-picture person, someone who understands the global stage.
Huffington Post | Posted 12.20.2008 | Politics
UPDATE: Penny Pritzker has withdrawn herself from consideration for the Commerce Secretary post. She emailed the following statement to the Chicago S...
Janet Ritz | Posted 06.28.2008 | Green
Congress, candidates and electorate take note: The extreme weather the U.S. has been experiencing is due to climate change and is expected to become more extreme in the future.
AP | JEANNINE AVERSA | Posted 04.04.2008 | Business
WASHINGTON — The economy nearly sputtered out at the end of the year and probably is faring even worse now amid continuing housing, credit and f...
AP | MARTIN CRUTSINGER | Posted 04.03.2008 | Business
WASHINGTON — Sales of new homes fell in February for the fourth straight month, pushing activity down to a 13-year low. While the rate of declin...
Wall Street Journal | PHIL IZZO, SUDEEP REDDY | Posted 03.28.2008 | Business
Economists in the latest Wall Street Journal forecasting survey are increasingly certain the U.S. has slid into recession, a view reinforced by new da...
AP | MARTIN CRUTSINGER | Posted 03.28.2008 | Business
WASHINGTON — Oil hit a record high, the dollar sank again, and consumers stopped buying pretty much everything. Stocks kept gyrating, too, on T...
AP | JEANNINE AVERSA | Posted 03.28.2008 | Business
WASHINGTON — The economy skidded to a near halt in the final quarter of last year, clobbered by dual slumps in housing and credit that caused pe...
AP | MADLEN READ | Posted 03.28.2008 | Business
NEW YORK — A jittery Wall Street advanced Monday, reversing some of Friday's sharp losses as investors took a dismal new home sales report as a ...
AP | Leslie Wines | Posted 03.28.2008 | Business
A growing conviction that the U.S. is headed toward recession sent Wall Street plunging Tuesday, with weak retail sales figures and a disappointing qu...
AP | LESLIE WINES | Posted 03.28.2008 | Business
Stocks skidded Tuesday after weak economic news and a disappointing quarterly report from Citigroup Inc. signaled Wall Street's worries about the econ...
AP | Martin Crutsinger | Posted 03.28.2008 | Entertainment
The U.S. trade deficit in November surged to the highest level in 14 months, reflecting record imports of foreign oil. The deficit with China declined...
AP | JEANNINE AVERSA | Posted 03.28.2008 | Business
The housing market plunged deeper into despair last month, with sales of new homes plummeting to their lowest level in more than 12 years. The slump ...
AP | Tim Paradis | Posted 03.28.2008 | Business
Stocks finished an erratic week narrowly mixed Friday after a government report of a steep decline in new home sales stirred concerns that weakness in...
AP | Tim Paradis | Posted 03.28.2008 | Business
Stocks fell in early trading Thursday after the assassination of Pakistani opposition leader Benazir Bhutto and after the U.S. government reported a w...
AP | Martin Crutsinger | Posted 03.28.2008 | Business
Housing construction fell in November with single-family activity dropping to the lowest level in more than 16 years. Analysts said the recession in h...
AP | Martin Crutsinger | Posted 03.28.2008 | Business
The U.S. trade deficit declined during the third quarter to the lowest level in two years, raising hopes that the country's trade troubles could be ea...
AP | Martin Crutsinger | Posted 03.28.2008 | Business
Consumers shrugged off a rash of bad news to push spending up by a bigger-than-expected amount in August while a key measure of inflation eased to the...
AP | JEANNINE AVERSA | Posted 03.30.2009 | Business